https://www.taxtmi.com/caselaws?id=760111 Gujarat HC quashed notice under Section 148A(b) for reassessment proceedings. Court held that AO incorrectly issued notice under clause (b) for verification purposes when inquiry should have been conducted under clause (a) first. The notice failed to meet statutory requirements as clause (b) notice can only be issued after conducting proper inquiry. Consequential orders under Section 148A(d) and Section 148 notice were also set aside. AO remains free to re-initiate proceedings following proper statutory procedure. en-us Tue, 01 Oct 2024 00:00:00 +0530 Wed, 16 Oct 2024 08:38:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760111 Gujarat HC quashed notice under Section 148A(b) for reassessment proceedings. Court held that AO incorrectly issued notice under clause (b) for verification purposes when inquiry should have been conducted under clause (a) first. The notice failed to meet statutory requirements as clause (b) notice can only be issued after conducting proper inquiry. Consequential orders under Section 148A(d) and Section 148 notice were also set aside. AO remains free to re-initiate proceedings following proper statutory procedure. Case-Laws Income Tax Tue, 01 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760111